Nigeria vs South Africa: Central government debt, monetary system credit
Nigeria
879.37 billion current LCU
in 2001
South Africa
1.39 trillion current LCU
in 2008
Nigeria rank
5th
South Africa rank
4th
Central government debt, monetary system credit over time
- Nigeria
- South Africa
How they compare
South Africa currently reports 1.39 trillion current LCU against 879.37 billion current LCU in Nigeria, a difference of 508.30 billion current LCU.
That makes South Africa's figure about 1.6 times Nigeria's.
The two have swapped places 1 time across 6 shared years of data; in 1996 it was South Africa ahead.
Nigeria ranks 5th and South Africa ranks 4th of 41 countries.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nigeria | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 429.23 billion current LCU | 379.29 billion current LCU | 49.94 billion current LCU | Nigeria |
| 2000s | 843.80 billion current LCU | 462.82 billion current LCU | 380.97 billion current LCU | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, monetary system credit, Nigeria or South Africa?
- South Africa, at 1.39 trillion current LCU against 879.37 billion current LCU in Nigeria as of 2008.
- What is the difference in central government debt, monetary system credit between Nigeria and South Africa?
- 508.30 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for Nigeria and South Africa?
- 6 years are reported by both, from 1996 to 2001.
- How do Nigeria and South Africa rank globally for central government debt, monetary system credit?
- Nigeria ranks 5th and South Africa ranks 4th of 41 countries.
- Where does this data come from?
- World Bank country economists, published as Central government debt, monetary system credit (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic debt consists of the outstanding stock or recognized, direct liabilities to the monetary system. Data are in current local currencies.